When the “” had been flying high, they skilled rapid progress by the simple technique of providing impossibly low prices and fixed expansion into markets about which they knew nothing. They operated at a loss for years on finish, promising investors that it would all flip round after they had achieved enough market share. Ultimately, in fact, this “lose a bit on every deal but make it up in quantity” business model blew up in their faces. The balloons popped, one by one, and the economy adopted them down the tube.
My present mortgage for my residence is with Countrywide. These guys know their stuff. They mail me an announcement each month. And in each assertion is a proposal to refinance or get a line of credit score, or insurance coverage. They’re always politely selling something. And if that weren’t sufficient, they mail me every couple months or … Read More